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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (664)8/5/2001 12:55:04 PM
From: ~digs  Respond to of 1643
 
Coffee producer GMCR made a new all time high as early as last Thursday. The stock fell ~13% on Friday in response to coffee futures having sold off sharply.

GMCR weekly chart: stockcharts.com[m,a]wcclyymy[de][pb50!b200][vc60][iUk34,1,1!La12,26,9!Ll14]

SBUX is testing support and has arguably broken through it.

SBUX daily chart: stockcharts.com[m,a]dcclyymy[dc][pb50!b200][vc60][iUk34,1,1!La12,26,9!Ll14]



To: maceng2 who wrote (664)8/21/2001 6:38:24 PM
From: craig crawford  Respond to of 1643
 
Coffee Joins Other Fallen Commodities
allafrica.com

August 20, 2001
Posted to the web August 19, 2001

Coffee-drinkers throughout rich, industrialised countries are cooling down this summer with cups of iced coffee that go for up to $5. Meanwhile, the price of pure arabica on the New York market has dropped as low as 50 cents a pound.

In London last week, prices came within a hair of 36-year lows. For coffee producers in Africa and Latin America the price slump means financial disaster.

Commodity markets are chronically volatile and coffee growers are not the only losers this year. Copper prices have collapsed on the technology downturn and cotton is trading at new lows. Last year cocoa prices slumped.

The year before that, it was sugar.

Commodity price volatility is one of the developing world's principal structural problems, on a par with debt repayment and access to trade. Yet, unlike these higher-profile problems, it is one that the global marketplace should be able to solve.